Sole traders and partnerships

Further information on personal insolvency for sole traders can be found via the personal insolvency page. Please click here.

Information for directors/partnerships can be found via the business services page. Please click here.

Negotiations with creditors

Nobody likes to have these conversations. McTear Williams & Wood have extensive experience in negotiating with creditors to keep the business out of formal insolvency procedures. In the longer term we can advise on improving the efficiency of the business or restructuring. We can also advise on:

• Time to pay agreements
• Negotiating with major suppliers
• Consignment stock
• Retention of title
• Securing further loans by family members